Essentials of Stochastic Processes

• Main Author: Durrett, Richard (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2012.
• Edition: 2nd ed. 2012.
• Series: Springer Texts in Statistics,
• Subjects: Statistics.; Operations research.; Management science.; Probabilities.; Statistical Theory and Methods.; Probability Theory and Stochastic Processes.; Operations Research, Management Science.

This book is for a first course in stochastic processes taken by undergraduates or master’s students who have had a course in probability theory. It covers Markov chains in discrete and continuous time, Poisson processes, renewal processes, martingales, and mathematical finance. One can only learn a...